IMA Wealth Inc. Purchases New Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

IMA Wealth Inc. purchased a new stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,985 shares of the company’s stock, valued at approximately $234,000. IMA Wealth Inc. owned approximately 0.08% of Invesco S&P 500 Equal Weight Financials ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Allworth Financial LP bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $68,000. Wetzel Investment Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $82,000. Capital Analysts LLC bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $171,000. Garrison Asset Management LLC bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $202,000. Finally, PFG Investments LLC bought a new position in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $263,000.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Financials ETF stock traded down $0.27 during mid-day trading on Friday, hitting $60.96. 8,665 shares of the stock were exchanged, compared to its average volume of 20,005. Invesco S&P 500 Equal Weight Financials ETF has a 12 month low of $47.21 and a 12 month high of $64.32. The company has a 50-day simple moving average of $61.64 and a 200 day simple moving average of $57.70. The company has a market capitalization of $262.13 million, a P/E ratio of 15.25 and a beta of 0.94.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.